Collateral car loans are the best option for you if you are short of cash but you need to pay or purchase something important. These loans give you the best chance to access cash easily and quickly by loaning from the true market value of your car.
Quick processing and approval in one hour
Processing and approval will only take one hour. The only criteria needed is to make sure that your car title is free of any liens, present your car for inspection and appraisal so the loan amount can be determined based on the true market value of the car, present your valid driver’s license, and provide proof of permanent residence. You can borrow up to $50,000.
You can get the loan even with poor credit
Even if you don’t have a good credit report, or you have no credit at all, you can still be approved for collateral vehicle title loans since the loan is secured by the collateral. You even get to drive off with your car and keep it while paying off the loan. No other assets are needed except your car.
These two major benefits are the most important
No credit check title loans have the lowest interest rates in the lending industry and the lowest when compared to short term loans or unsecured loans. Loan payment terms will never be short because they are the longest to be offered.
At Canadian Equity Loans, we loan you money based on the value of your fully owned car and not your credit history and score. That means that you have fast access to emergency cash whether you have bad credit or no credit at all. Call Canadian Equity Loans now at their toll-free number 1-844-586-6311 or apply online.